Nevada

The Internal Revenue Service is auditing $105.48 million of passenger facility charge revenue bonds issued by Clark County, Nev., in 2007 to finance capital improvements at McCarran International Airport.

Preliminary plans to relocate the National Football League’s Oakland Raiders to Las Vegas call for the creation of a Clark County Stadium Authority that would issue up to $750 million of bonds to help finance a new $1.4 billion stadium under a public-private partnership agreement.

A Chinese-owned electric car manufacturer that won subsidies from Nevada has offered to put up a $75 million surety bond to guarantee bonds get paid if its proposed North Las Vegas factory does not get built.

Far West issuers sold $83.6 billion of municipal bonds in 2015, a 26.5% increase over the prior year, as refundings continued to drive volume.

Rating agencies affirmed a two-notch spread on Nevada's highway revenue bond ratings ahead of a $200M competitive sale.

Plans for a $1 billion electric car factory in North Las Vegas are a credit positive for Clark County and Nevada, according to Moody's Investors Service.

Standard & Poor's raised its long-term rating to AA-minus from A-plus on Reno, Nev.'s general obligation limited tax sewer refunding bonds.

Fitch Ratings deemed the reorganization of Clark County School District, Nevada's largest school and the nation's fifth biggest, to be a mid-term credit risk in a report describing the experience of a Utah school district that underwent a break-up in 2010.

Nevada's Clark County School District, the nation's fifth largest, is in the midst of a restructuring that could have repercussions for its outstanding and future bonds.

The Internal Revenue Service is auditing $473.05 million of general obligation refunding bonds issued by Nevada’s Clark County School District in 2007.

Ratings analysts cited Nevada’s tax reform efforts in affirming double-A-level ratings ahead of $345 million general obligation limited tax bond sale.

A water banking agreement between Southern Nevada Water Authority and the Metropolitan Water District of Southern California is a credit positive, Moody’s Investors Service said.

The three states that rely on the Colorado River for their water supplies will not face federal rationing in 2016, a fact that is credit positive for bond issuers in the region, according to Moody’s Investors Service.

Far West issuers sold $48.3 billion of municipal bonds in the first half of 2015, a 70% increase from the first six months of 2014 that was driven by refundings.

Standard & Poor’s revised its outlook to stable from negative and affirmed its BB long-term rating on North Las Vegas, Nev.’s limited-tax general obligation debt.

Brian Sandoval, Nevada's Republican governor, overcame critics in his own party to push through a tax package that is expected to steer the state onto sounder fiscal ground.

The Internal Revenue Service is auditing general obligation refunding bonds issued in 2006 by the Clark County School District in Nevada.

Moody’s Investors Service upgraded the Las Vegas Valley Water District’s general obligation limited tax debt a notch to Aa1 ahead of a May bond issue.

Fitch ratings has revised the outlook to stable from negative for $414.4 million of North Las Vegas, Nev., bonds, and affirmed the rating at B.

Las Vegas Monorail bondholders have until April 7 to take advantage of an Ambac tender offer that offers a better-than-anticipated recovery.